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December 12, 2009

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Shanghai Output Climbs

Shanghai's industrial production climbed 15.1 percent from a year earlier in November, further accelerating from the 12-percent surge in October, the Shanghai Statistics Bureau said yesterday.

The faster growth was due to the government's continuous efforts to upgrade industrial structure and increase the value of products, the bureau said.

Industrial output rose to 224.6 billion yuan (US$32.8 billion) last month, against 216 billion yuan in October. The output value of the electronics, vehicle, oil refinery, fine steel, machinery equipment and biomedicine industries, the city's six key pillars, totaled 148.6 billion yuan, up 18.4 percent annually.


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